Trend Table for CEFD - ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 23	B	Strong	Up	Up	Flat	14.41%
May 22	A	Strong	Up	Up	Up	13.07%
May 21	B	Strong	Up	Up	Up	12.88%
May 20	B	Strong	Up	Up	Up	13.25%
May 17	B	Strong	Up	Up	Up	14.01%
May 16	B	Strong	Up	Up	Up	14.08%
May 15	B	Strong	Up	Up	Up	14.01%
May 14	B	Strong	Up	Up	Up	15.11%
May 13	B	Strong	Up	Up	Up	15.53%
May 10	C	Strong	Up	Up	Up	15.47%